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The Latest Breaking News from National Economic Council

Trump’s top financial guru says economy ‘looks amazing’ – despite countless polls saying Americans are worried

National Economic Council Director Kevin Hassett insists outlook is positive, dimissing new survey’s finding that 77 percent of voters believe the nation’s financial health is poor

The Independent UK

Andy Burnham takes swipe at 'London-based voices' on first day in No10 North HQ to push devolution revolution

‘No10 North is as much for Scotland, Wales and Northern Ireland as it is for the regions of England,’ says the new Prime Minister

Evening Standard

Inflation Rose Less Than Expected Last Month. Now a Top Trump Official Says The Fed Must Act Accordingly

National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June.

International Business Times

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Bernie Sanders issues blistering four-word response to Trump’s economic adviser’s take on rising oil prices over Iran war

Veteran left-winger ridicules National Economic Council Director Kevin Hassett over his attempts to reassure the public as war drags on and fuel crisis threatens to deepen

The Independent UK

Stocks Settle Higher on Strength in Tech

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.47%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.77%. March E-mini S&P futures (ESH26 ) rose +0.46%, and March E-mini Nasdaq futures...

Barchart

Stocks Recover Early Losses as Tech Stocks Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.46%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. March E-mini S&P futures (ESH26 ) are up +0.50%, and March E-mini Nasdaq futures...

Barchart

Stocks Slip Ahead of this Week's US News on Jobs and Inflation

The S&P 500 Index ($SPX ) (SPY ) today is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.17%. March E-mini S&P futures (ESH26 ) are down -0024%, and March E-mini Nasdaq futures...

Barchart

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Trump Hints $2,000 Tariff Rebate Cheques Could Land 'Toward Year-End' — Family Relief

Trump hints that £1,600 ($2,000) tariff rebate cheques may arrive by the end of 2026, though Treasury Secretary Scott Bessent warns legal hurdles could delay payouts.

International Business Times UK

Kevin Hassett's Fed Chair Momentum Rattles Bond Markets As Donald Trump's Pick Takes Shape

Bond markets are showing signs of unrest as Kevin Hassett, the National Economic Council director, is increasingly being seen as a potential candidate for the Federal Reserve chairmanship.

Benzinga

Kevin Hassett Calls Fed Chair Nomination Talk A 'Rumor' But Says He'd Be 'Happy To Serve,' As Trump Hints At Decision

Kevin Hassett, the National Economic Council (NEC) Director, addressed the speculation about his potential nomination as the next Federal Reserve Chair by President Donald Trump.

Benzinga

Trump Advisor Kevin Hassett Reportedly Leading Fed Chair Race: See What Polymarket, Kalshi Bettors Are Predicting

White House National Economic Council Director Kevin Hassett has emerged as the leading candidate to become the next Federal Reserve Chair, according to a report published Tuesday.

Benzinga

Trump economic guru Hassett offers blunt advice to federal workers going without paychecks during government shutdown

National Economic Council director Kevin Hassett addressed the crunch on unpaid government workers Friday after news of a spike in inflation

The Independent UK

Dollar Retreats and Gold Rallies to a Record High on Threats to Fed Independence

The dollar index (DXY00 ) Monday fell by -0.98% and posted a new 3-year low. The dollar sold off Monday on a renewed crisis of confidence in the dollar after National Economic Council Director Hassett said President Trump was contemplating the possibility of firing Fed Chair Powell. The firing of...

Barchart

Dollar Tumbles and Gold Soars to a Record High on Concern Over Fed Independence

The dollar index (DXY00 ) today is down -0.94% and fell to a new 3-year low. The dollar is selling off today on a renewed crisis of confidence in the dollar after National Economic Council Director Hassett said President Trump was contemplating the possibility of firing Fed Chair Powell. The...

Barchart

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Latin Times

Trump Looking Into Whether He Can Fire Fed Chair Jerome Powell Despite Central Bank Independence

President Donald Trump is studying whether he can fire Fed Chair Jerome Powell, said National Economic Council Director Kevin Hassett

Latin Times

Markets Spike Over Quote About Trump Considering a Pause On Tariffs, Dip Again After Proven False

Markets suddenly spiked on Monday over a quote attributed to the director of the National Economic Council. They dipped again after it was proven false

AAP

Australia warned not to hit back at US with tariffs

The treasurer has pushed for Australia to be exempt from US tariffs on steel and aluminium imports, with a decision due soon from Donald Trump.

AAP

Treasurer to push for tariff exemption in US meeting

As superannuation giants attempt to build ties with US investors in Washington, Treasurer Jim Chalmers will try to secure a tariff deal with his US counterpart.

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Top News

Economy Soaring: Lower Inflation, Higher Wages, More Job Opportunities

Exploring the state of the economy and Bidenomics, the National Economic Council director discusses progress, challenges, and the quest for affordability.

Fortune

The White House's top crypto critic departed. What does that mean for a stablecoin bill?

Senior aide Bharat Ramamurti established himself as one of the top economic voices in the Biden administration.

Zenger

President Biden To Address U.S. Economy In Chicago

Speech to cover job growth, inflation, skills development, investments, and Biden administration's focus on key sectors

Axios

Biden picks Fed's Lael Brainard for National Economic Council

He'll also have to nominate her replacement as Fed vice-chair.

The Independent UK

AP source: Biden to name Brainard to head Economic Council

President Joe Biden plans to name Federal Reserve Vice Chair Lael Brainard as the new director of his National Economic Council

Tribune News Service

Karl W. Smith: Biden's economic agenda needs an overhaul

Presidential administrations never stay the same from beginning to end. Top personnel come and go for various reasons, and we seem to be seeing that now with the Joe Biden administration. Bloomberg News recently reported that the White House’s top economic adviser, Brian Deese, is expected to depart next year…

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